OFF MARKET

Off market nov 2013 for $580K

—

Est. refi paymentEst. refi $3,872/mo

Land

•

12.83

acres (lot)

7428 Penny Rd, Raleigh, NC 27606

About this home

Vacant landProperty Type

12.83 acresLot Size

$0Price/Acres

Listed by Johnny Chappell • Compass -- Raleigh

Bought with Patty McLaughlin • Long & Foster Real Estate INC/Cary

Redfin checked: a minute ago

•Source:TMLS #1916818

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 27606, NC

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.1%

+0.5% MoM

Median sale price

$516K

$7K MoM

Avg. days on market

38d

2 days MoM

Recently sold homes

17 MoM

New listings for sale

NEW 24 HRS AGO
$735,900
4 beds3.5 baths3,250 sq ft
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OPEN TODAY, 1PM TO 3PM
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3 beds2.5 baths2,095 sq ft
241 Kentigern Dr, Raleigh, NC 27606
$269,000
4 beds4 baths1,314 sq ft
1305 Kent Rd #102, Raleigh, NC 27606
$159,900
1 bed1 bath540 sq ft
3522 Ivy Commons Dr, Raleigh, NC 27606
$250,000
2 beds2 baths771 sq ft
1509 Gorman St, Raleigh, NC 27606
$155,000
1 bed1 bath540 sq ft
3517 Ivy Commons Dr #301, Raleigh, NC 27606
$450,000
3 beds2 baths1,458 sq ft
5848 Yates Mill Pond Rd, Raleigh, NC 27606
$200,000
2 beds1.5 baths1,100 sq ft
5520 Kaplan Dr Unit A, Raleigh, NC 27606
$395,000
3 beds2 baths1,259 sq ft
233 Singleton St, Raleigh, NC 27606
OPEN TODAY, 2PM TO 4PM
$710,000
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See all

Provided by Redfin

Sale history for 7428 Penny Rd

Date

Event

Price

TMLS #1916818

Nov 26, 2013

Sold

$580,000

Nov 22, 2013

Pending

—

Oct 31, 2013

Contingent

—

Oct 21, 2013

Listed

$580,000

Year

Property tax

Land + Additions

Assessment*

2025

$19,050 (+3.0%)

$765,918 + $2,209,338

$2,975,256

2024

$18,496 (+4.3%)

$765,918 + $2,209,338

$2,975,256

2023

$17,739 (+8.0%)

$865,290 + $2,592,491

$3,457,781

2022

$16,432 (+2.8%)

$660,713 + $1,611,852

$2,272,565

2021

$15,989 (+1.7%)

$660,713 + $1,611,852

$2,272,565

2020

$15,723 (−14.6%)

$660,713 + $1,611,852

$2,272,565

2019

$18,422 (+8.8%)

$660,713 + $1,768,343

$2,429,056

2018

$16,928 (+5.5%)

$612,350 + $1,640,853

$2,253,203

2017

$16,040 (+2.1%)

$612,350 + $1,640,853

$2,253,203

2016

$15,713 (+16.4%)

$612,350 + $1,640,853

$2,253,203

2015

$13,501

$612,350 + $1,640,853

$2,253,203

Tax history for 7428 Penny Rd

Year

Property tax

Land + Additions

Assessment*

2025

$19,050 (+3.0%)

$765,918 + $2,209,338

$2,975,256

2024

$18,496 (+4.3%)

$765,918 + $2,209,338

$2,975,256

2023

$17,739 (+8.0%)

$865,290 + $2,592,491

$3,457,781

2022

$16,432 (+2.8%)

$660,713 + $1,611,852

$2,272,565

2021

$15,989 (+1.7%)

$660,713 + $1,611,852

$2,272,565

2020

$15,723 (−14.6%)

$660,713 + $1,611,852

$2,272,565

2019

$18,422 (+8.8%)

$660,713 + $1,768,343

$2,429,056

2018

$16,928 (+5.5%)

$612,350 + $1,640,853

$2,253,203

2017

$16,040 (+2.1%)

$612,350 + $1,640,853

$2,253,203

2016

$15,713 (+16.4%)

$612,350 + $1,640,853

$2,253,203

2015

$13,501

$612,350 + $1,640,853

$2,253,203

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

3.5

Stories

1.5

Lot width

—

Lot depth

—

Lot size

12.83 Acres

Year renovated

2014

Sq. Ft.

8,969

Year built

2014

Style

Single Family Residential

County

Wake County

APN

0770.02 99 4802 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 30, 2026.

R-80W

Residential-80 Watershed District

The R-80W zoning districts are known as residential watershed districts. These districts allow very-low-density residential development in the form of single-family detached dwellings and duplexes. A limited number of nonresidential uses are also allowed, but generally only if the Board of Adjustment first reviews and approves a site plan and Special Use Permit for such use.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Mobile home park
Park & open space

Property details

Exterior

Property information
Other Structures: None

Land Information
Current Use: Vacant
Horse: Yes
Vegetation: Cleared, Wooded

Lot Information
Lot Size Acres: 12.83
Lot Size Area: 12.83
Lot Size Dimensions: 335x900x801x1400
Lot Size Square Feet: 558874.8
Lot Size Units: Acres
Zoning: R-80W

Financial

Financial Information
Buyer Financing: Cash

Utilities

Utility Information
Sewer: Septic Needed
Utilities: Electricity Available
Water Source: Need Well

Location

School Information
Elementary School: Wake - Swift Creek
Middle Or Junior School: Wake - Dillard
High School: Wake - Athens Dr

Location Information
County Or Parish: Wake
Directions: From Raleigh, take Lake Wheeler Road south. Right on Penny Road. Property is on the right, with paved private road entrance.
Latitude: 35.700435
Longitude: -78.73249
Postal Code: 27606
Road Responsibility: Public Maintained Road
Road Surface Type: Paved

Public facts

Beds: —
Baths: 3.5
Sq. Ft.: 8,969
Stories: 1.5
Lot Size: 12.83 acres
Style: Single Family Residential
Year Built: 2014
Year Renovated: 2014
County: Wake County
APN: 0770.02 99 4802 000

Home facts updated by county records on Oct 30, 2026

Other

Listing Date Information
Contract Status Change Date: 2013-11-26
Photos Change Timestamp: 2023-09-15T07:51:35.000Z

Around this home

Schools

K - 12
Preschool & daycare

Swift Creek Elementary

Public K-5 • Assigned • 3.1mi

8/10

Dillard Drive Middle

Public 6-8 • Assigned • 3.6mi

7/10

Athens Drive High

Public 9-12 • Assigned • 4.8mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 104° expected this year, 17 days in 30 years

6/10 Wind Factor

60% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Raleigh, NC • 27606

Average low and high temperatures (°F)

49°

31°

55°

37°

70°

47°

77°

56°

79°

61°

90°

70°

92°

74°

83°

69°

81°

64°

70°

53°

66°

47°

54°

36°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

8.9 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

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Home values near 7428 Penny Rd

Data from public records.

Address	Redfin Estimate
7431 Penny Road, Raleigh, NC - Beds \| 1 Baths \| 1472 Sq. Ft.	$343,098
7512 Penny Road, Raleigh, NC - Beds \| - Baths \| 3003 Sq. Ft.	$667,604
7100 Delta Bluff Lane, Raleigh, NC 3 Beds \| 2 Baths \| 1483 Sq. Ft.	$468,448
2917 Hunters Bluff Drive, Raleigh, NC - Beds \| 3.5 Baths \| 3586 Sq. Ft.	$865,660
2905 Hunters Bluff Drive, Raleigh, NC 4 Beds \| 4 Baths \| 4000 Sq. Ft.	$1,108,143
2600 Crestview Bluff Court, Raleigh, NC - Beds \| 3.5 Baths \| 6094 Sq. Ft.	$1,947,222
2900 Hunters Bluff Drive, Raleigh, NC 3 Beds \| 2.5 Baths \| 2742 Sq. Ft.	$711,436

Address	Redfin Estimate
7620 Penny Road, Raleigh, NC 3 Beds \| 2 Baths \| 1456 Sq. Ft.	$445,779
7504 Penny Road, Raleigh, NC - Beds \| 1.5 Baths \| 1946 Sq. Ft.	$493,655
2916 Hunters Bluff Drive, Raleigh, NC 5 Beds \| 4 Baths \| 4300 Sq. Ft.	$986,570
2920 Hunters Bluff Drive, Raleigh, NC - Beds \| 3 Baths \| 3571 Sq. Ft.	$899,613
2913 Hunters Bluff Drive, Raleigh, NC 4 Beds \| 3.5 Baths \| 5157 Sq. Ft.	$983,493
2604 Crestview Bluff Court, Raleigh, NC - Beds \| 3.5 Baths \| 6139 Sq. Ft.	$1,240,165

Address	Redfin Estimate
7500 Penny Road, Raleigh, NC - Beds \| 1.5 Baths \| 1578 Sq. Ft.	$418,315
7436 Penny Road, Raleigh, NC 5 Beds \| 3.5 Baths \| 3781 Sq. Ft.	$981,371
2912 Hunters Bluff Drive, Raleigh, NC - Beds \| 3 Baths \| 2543 Sq. Ft.	$716,559
2901 Hunters Bluff Drive, Raleigh, NC 4 Beds \| 3.5 Baths \| 4244 Sq. Ft.	$936,271
2909 Hunters Bluff Drive, Raleigh, NC 4 Beds \| 3.5 Baths \| 3343 Sq. Ft.	$846,156
7104 Delta Bluff Lane, Raleigh, NC - Beds \| 2 Baths \| 1837 Sq. Ft.	$439,893

Property information provided by TMLS when last listed in 2013. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 27606, NC

Sale history for 7428 Penny Rd

Tax history for 7428 Penny Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27606

Home values near 7428 Penny Rd

More real estate resources